What date do our RSU vest that we can pull them out and when do our bonuses get paid out is it last week of February or March?
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@1h3+1jhc78rx8 - actually they keep pushing it out each year - for both the Earned (Comp Bonus RSUs) and the paltry Share Success.
Comp bonuses used be 1st w/o Feb, now Feb 15.
Share Success Bonuses used to be mid Feb, then 3/1 and now 3/15.
So many people leave voluntarily after the Feb 15 Cash Bonus payout that Mngt gets away with all the Amazing Publicity for their generosity, but don't have to pay out the full amount since the people leave before the 3/15 vest date.
(Or maybe they think the chump change will retain people.... nah)
Bro I forgot I'm sowyyyy 👉🏼👈🏼
Bro how do you not know this stuff? It’s the same year over year.
What are the average tech B5 bonus percentages?
General 2024 Year-End (Cash) Bonus = Feb 14, 2025 (b/c Feb 15, 2025 is aSaturday)
"RSUs"...., depends which plan you are asking about... for the most accurate view of YOUR specific vesting schedule, best to log on to: BenefitsOnline>Longtermincentiveawards>activeemployees.
https://fedsso.bankofamerica.com/idp/startSSO.ping?PartnerSpId=https://www.benefits.ml.com&TARGET=https://www.benefits.ml.com/Core/Federation/FederatedEntr
And check each year's listing! (P.I.T.A. but is most accurate for tracking.)
Generally speaking, the next "Shared Success" RSU vestings are:
2022 RSU - Share Success (Year 3 of 4) 22BSS 3/1/2025
2023 RSU - Share Success (Year 2 of 4) 23BSS 3/15/2025
2024 RSU - Share Success (Year 1 of 4) 24BSS 3/15/2025
For Key Employee Equity Plan ("KEEP" stock portion of YE comp bonus, if eligible):
2022 RSU KEEP - Year 3 of 4 21K4YDT 2/15/2025
2023 RSU KEEP - Year 2 of 4 23B4YCA 2/15/2025
2024 RSU KEEP - Year 1 of 4 24B4YCA 2/15/2025
MDs and higher have separate plans with diff dates, but hopefully helps answer for the broader population.
(and yea, I care about this stuff and don't trust them, so I download the Award Agreement each year. Encourage each of you to do the same to stay informed and not get ripped off. You earned it. Make sure they actually pay you!)
2022 RSU KEEP - Year 3 of 4 22B4YCA 3/1/2025
Bonus paid Feb 15th like always
March 1 & March 15